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Finland

Prisma-supermarket-store-by-Foreigner.fi

POLL

Only half of Foreigner.fi readers think the economy will improve next year

The Nomad Today 10/20/20

Foreigner.fi will ask a different question about Finland and Finnish lifestyle every Friday on its official Twitter account @foreignerfi

Man-sitting-bench-unemployment-unemployed-anguish

LABOR FORCE SURVEY

Unemployment increased by 45,000 people in the third quarter

The Nomad Today 10/20/20

The average unemployment rate was 7.7% in July to September, 1.6 percentage points higher than in the respective period of 2019.

Kaipola paper mill in Jämsä. Image: Google Maps.

RECESSION

Finnish industry and services suffer a sharp drop in turnover

The Nomad Today 10/19/20

Turnover declined most in the forest industry, by 20.4% from one year earlier.

Foodora food courier. Image: YouTube/AppJobs.

PLATFORM-BASED WORK

Labour Council says food couriers are employees, not entrepreneurs

The Nomad Today 10/19/20

Platform-based companies consider them as freelancers not entitled, for example, to sick leave, holidays and other benefits that employees have. At the same time, companies save a lot of money…

ROAD TRAFFIC

'Kamikaze' driver traveling in wrong direction kills two in Espoo

The Nomad Today 10/18/20

According to an eyewitness, the car was a BMW X5 with Estonian registration plate.

A Neste worker at the Porvoo refinery. Photo: Neste.

PANDEMIC

Finnish economy heads for another recession quarter

The Nomad Today 10/18/20

Output of the national economy fell by 3.3% in August.

JANUARY-SEPTEMBER 2020

Crime: fewer rapes, more murders

The Nomad Today 10/17/20

The recorded number of break-ins into houses and free-time residences was 3,700, which is 11% more than in 2019.

A Finnish school. Photo: Government/Vnk.

REFORM

Finland to extend free compulsory education until the age of 18

The Nomad Today 10/16/20

Education and daily meals will be free of charge, along with textbooks and other materials needed for teaching. Young people finishing their comprehensive school education in spring 2021,…

EUROPEAN COUNCIL

Marin rushes back from EU summit as Covid-19 'precautionary' measure

The Nomad Today 10/16/20

Finnish MP Tom Packalen of the True Finns party ( Perussuomalaiset ) said on Friday that he had tested positive. His contacts were being traced.

MIGRATION

Student residence permit applications plunge by 57%

The Nomad Today 10/16/20

Last summer, Migri issued 1,823 decisions on applications for a first residence permit for studies. Migri says that, on average, it took 15 days to get a decision.

Nordea bank office in Espoo. Photo: Foreigner.fi.

FINANCE

Finnish banks operating profit declined despite rising net income

The Nomad Today 10/16/20

Operating profit fell by 18.2% to 504 million euros in the second quarter of 2020.

Helsinki airport and air traffic control tower. Photo: Finavia.

JOBS AT RISK

Covid-19 restrictions pushed air passenger traffic to a new decline

The Nomad Today 10/15/20

The jobs of some 20,000 people who work at Helsinki airport are now in danger, says the CEO of Finavia.

STATEMENT

Finland calls for more stringent EU climate targets

The Nomad Today 10/15/20

According to the joint statement by 11 member states, the EU should commit to reduce emissions by at least 55% by 2030.

THIRD QUARTER 2020

Wages and salaries increased 1.8% year-on-year in Finland

The Nomad Today 10/15/20

Real earnings of employees also rose because the rise in earnings level was faster than that in consumer prices.

Police-spray-pepper-by-Twitter-@sheislaurence

SUSPECTED BREACH OF DUTY

Prosecutor to investigate pepper spray use against protesters

The Nomad Today 10/14/20

At this stage, the suspected criminal offence is a breach of duty, but other possible criminal titles will be clarified during the investigation.

woman-shopping-cart-City-Market-food-store-by-foreigner.fi

SEPTEMBER

Higher prices of food and medicines push inflation up

The Nomad Today 10/14/20

Inflation for energy (including fuels, electricity, gasoline) was -5.2% compared with one year ago.

Minister of Social Affairs and Health Krista Kiuru. Photo: Jussi Toivanen/Vnk.

NO-CONFIDENCE VOTE

Kiuru's ministry prevented THL from guiding citizens on mask use

The Nomad Today 10/13/20

The Minister of Social Affairs and Health will face a vote of no-confidence in Parliament on Wednesday.

BALANCE OF PAYMENTS

Finland's current account in surplus in August

The Nomad Today 10/13/20

The goods account in balance of payment terms was 0.2 billion euros in surplus, but the service account was in deficit.

EUROSTAT FIGURES

Finland, among EU countries where house prices rise the least

The Nomad Today 10/12/20

In the second quarter of 2020, marked by Covid-19 containment measures, house prices rose by 5% on average in the Euro area. In Finland the year-on-year rise was only 0.5%.